Penn National Names Himbert Sinopoli General Manager of Hollywood Casino Columbus - 20-Year Industry Veteran with Extensive Regional Gaming Experience to Lead Company’s Growing Columbus Property – Business Wire WYOMISSING, Pa. -- May 1, 2014 Penn National Gaming, Inc. (PENN: Nasdaq) (“the Company” or “Penn National Gaming”) announced today that Himbert Sinopoli, currently the General Manager of Hollywood Casino Aurora in Aurora, Illinois, has been named General Manager of Hollywood Casino Columbus, replacing Ameet Patel who was recently named Senior Vice President of Regional Operations for Penn National Gaming. The appointment is effective May 19, 2014, subject to customary regulatory approvals. Mr. Sinopoli will report directly to John Finamore, Senior Vice President of Regional Operations for Penn National Gaming. Himbert Sinopoli has served as General Manager of Hollywood Casino Aurora since June 2011. From February 2010 to June 2011, he was General Manager of Hollywood Casino Perryville (now owned and operated by Gaming & Leisure Properties, Inc.) where he oversaw the property’s final development, initial staffing and grand opening. He served as Assistant General Manager at Argosy Casino Alton from 2007 to 2010 and was Vice President of Accounting at Isle of Capri Casinos, Inc. from 2006 to 2007. From 1999 to 2006, Mr. Sinopoli was Director of Finance at Penn National Gaming’s Boomtown Biloxi property and also served as Boomtown Biloxi’s Assistant General Manager from 2002 to 2006. Prior to entering the gaming industry in 1994, he was in public accounting as an auditor with KPMG Peat Marwick. Mr. Finamore commented, “Himbert has the experience and regional gaming operating expertise to build on Ameet’s success in Columbus based on his record at Hollywood Casino Perryville, which he managed through its development and first year of operations while establishing the property as a strong economic engine for Cecil County and Perryville. “Penn National is proud of the role Hollywood Casino Columbus has played on the West Side of Columbus, demonstrating our long-term commitment to the city thanks to our team’s extensive community service and the creation of jobs within our four walls as well as in the surrounding area, which has seen numerous businesses come back to or re-invest in the community. Recently, Hollywood Casino Columbus was honored with an EXPY Award by Experience Columbus, the convention and visitor’s bureau of Central Ohio, for the work done by the team to revitalize the local area through increased visitation, creation of needed meeting and convention space, and new economic activity. Hollywood Casino Columbus is delivering solid operating margins and continues to expand its customer database and we are confident that Himbert can extend the progress made by Ameet and the entire Hollywood Casino Columbus team to further grow the property’s operating performance as well as the strong relationships developed in the local community.” About Penn National Gaming Penn National Gaming, through its subsidiaries, owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment. The Company presently operates twenty-seven facilities in eighteen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In aggregate, Penn National's operated facilities feature approximately 31,000 gaming machines, 800 table games and 2,900 hotel rooms. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the use of forward looking terminology such as “expects,” “believes,” “estimates,” “expects,” “intends,” “may,” “will,” “should,” or “anticipates,” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions about Penn National Gaming and its subsidiaries, including risks related to the ultimate location of the various other gaming facilities in Massachusetts and the ongoing efforts in the state to repeal the enabling legislation, and accordingly, any forward looking statements are qualified in their entirety by reference to the factors described in Penn National Gaming’s Annual Report on Form 10-K for the year ended December 31, 2013, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission. All subsequent written and oral forward looking statements attributable to Penn National Gaming or persons acting on the Company’s behalf are expressly qualified in their entirety by the cautionary statements included in this press release. Penn National Gaming undertakes no obligation to publicly update or revise any forward looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur. Contact: Penn National Gaming, Inc. Saul V. Reibstein Chief Financial Officer 610/373-2400 or JCIR Joseph N. Jaffoni, Richard Land 212/835-8500 or firstname.lastname@example.org
Penn National Names Himbert Sinopoli General Manager of Hollywood Casino Columbus
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